This Time It's Different Again

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
This is pure gut based on bitcoin's unique existence and lack of precedence (as if that ever helped predict price - hah!) So, this is not about charts or formulas. How mislead such thinking is! Looking for another big, slow leg down to about $18,000 looks about right in this guessing game. Then, a rocky rise from late 2022 to over $200,000 seems to be in the cards for this decentralized fiat e-currency. It may not end well. That is more a function of who we are as a people on this planet than what is a decentralized currency worth in fiat currency. If we go crazy, bitcoin will go crazy, and so will everything else. My bias? I'm a silver stacker. Slow and steady and no 3rd party liability. r/WallStreetSilver